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Council eyes bids, bonds for capital improvement

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By The Staff

COMMERCE CITY — City Council heard an overview of the planned $78-million bond issuance and upcoming requests for proposals during the Feb. 24 meeting.

 

The initial move is part of the city’s new $137-million capital improvement program, coming on the heels of the passage of Issue 2K in the November 2013 general election. Voters approved a 1-percent sales and use tax increase for a series of infrastructure and recreation projects across the city.

The sales and use tax increase itself took effect Jan. 1, and the revenues are intended to help secure up to $166 million in bonds in two series for five specific projects to be completed in the next five years:

• Widening Tower Road to four lanes between 80th and 103rd avenues.

• A new outdoor pool at Pioneer Park.

• Three neighborhood parks at Fronterra, Turnberry and The Villages at Buffalo Run East.

• A new recreation center featuring an indoor pool at Second Creek Community Park.

• Additions to the current recreation center at 6060 E. Parkway Drive.

Council members were advised on the parameters of the bond ordinance, registrar paying agent agreement, bond purchase agreement and other steps necessary. Those documents were slated for the March 3 council meeting (held after press deadline), and the bond ordinance was slated for its first reading before council. Pending passage of second reading, the bond issuance is projected for the end of the month or early April depending on conditions in the bond market.

The city is issuing four requests for proposals (RFPs) in program management, outdoor pool design, owner’s representative and public information, according to a Feb. 28 news release from the city about the capital improvement project. Council tentatively plans to award contracts following the bidding process on April 7.

City officials say a vendor kick-off meeting will be held from 7:30 to 9 a.m. Friday, May 9, at the civic center to provide information on additional construction and design contracting opportunities.

As part of the ongoing process, the city also is seeking resident applicants for a new advisory committee of 11 members for the capital improvement projects: Two representatives from each of the four wards and three at-large members.

Online applications are available at www.c3gov.com/boards, and hard-copy forms are available in the city clerk’s office.